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Previous: DEUTSCHE FLOORPLAN RECEIVABLES L P, 8-K, EX-1, 2000-09-25 |
Next: DEUTSCHE FLOORPLAN RECEIVABLES L P, 8-K, EX-3, 2000-09-25 |
Deutsche Floorplan Receivables, L.P.
Distribution Financial Services Floorplan Master Trust
Distribution Date Statement
Report Date 08/31/00
Collection Period 08/01/00 08/31/00
Determination Date 09/13/00
Distribution Date 09/15/00
<TABLE>
<CAPTION>
Series Series Series Series
Total 2000-1 2000-1 2000-1 2000-1
Date Trust Total Class A Class B Class C
<S> <C> <C> <C> <C> <C> <C>
Pool Balance
1 Beginning of Month
Receivables 07/31/00 4,111,150,911
2 Plus: Account Additions 8/01/2000 -
3 Beginning of month
Principal Receivables 8/01/2000 4,111,150,911
4 Discount Factor 0.50%
5 Beginning of month Pool
Balance 8/01/2000 4,090,595,156
6 Beginning of month Dealer
Overconcentrations 8/01/2000 -
7 Beginning of month
Unconcentrated Pool
Balance 8/01/2000 4,090,595,156
8 End of month Principal
Receivables 08/31/00 4,013,303,169
9 Discount Factor 0.50%
10End of month Pool Balance 08/31/00 3,993,236,654
11End of month Dealer
Overconcentrations 08/31/00 -
12End of month
Unconcentrated Pool
Balance 08/31/00 3,993,236,654
13Overconcentrated Percentage 08/31/00 0.00%
14Unconcentrated Percentage 08/31/00 100.00%
Certificates
15Beginning of
month/closing date
Invested Amount 08/01/00 1,250,000,000 1,193,750,000 37,500,000 18,750,000
16Allocation Percentage 08/02/00 33.33% 31.83% 1.00% 0.50%
17End of month Invested
Amount 08/31/00 1,250,000,000 1,193,750,000 37,500,000 18,750,000
18Principal Payments 09/13/00 - - - -
19Outstanding Principal
Balance 09/15/00 1,250,000,000 1,193,750,000 37,500,000 18,750,000
20Pool Factor 09/15/00 1.00000 1.00000 1.00000
Excess Funding Account
21End of month balance 08/31/00 -
22Determination Date deposit 09/13/00 -
23Distribution Date
disbursement 09/15/00 -
24Excess Funding Account
balance 09/15/00 -
Reserve Fund
25End of month Reserve Fund
Amount 08/31/00 43,750,000
26Reserve Fund Deposits 09/13/00 -
27Reserve Fund withdrawals 09/15/00 -
28Ending Reserve Fund Amount 09/15/00 43,750,000
Collections
29Principal Allocation
Percentage 08/31/00 30.56% 29.18% 0.92% 0.46%
30Floating Allocation
Percentage 08/31/00 30.56% 29.18% 0.92% 0.46%
31Series Allocation
Percentage 08/31/00 33.33%
32Principal Collections 08/01/00 08/31/00 1,519,304,404
33Nonprincipal Collections 08/01/00 08/31/00 34,788,422
34Total Collections 08/01/00 08/31/00 1,554,092,825
Defaults
35Defaulted Amount 08/01/00 08/31/00 548,657
36Investor Default Amount 08/01/00 08/31/00 167,658 160,114 5,030 2,515
09/15/00
Interest 09/15/00
37Prior Month's
Interest/Program Amount - - - -
38Monthly Interest 09/15/00 7,329,455 6,978,505 227,939 123,011
39Interest Shortfall 09/15/00 - - - -
40Additional Interest 09/15/00 - - - -
41Carryover Amount 09/15/00 - - - -
42Total 09/15/00 7,329,455 6,978,505 227,939 123,011
Servicing Fee
43Certificate Balance for
Servicing Fee 8/01/2000
determination 1,250,000,000 1,193,750,000 37,500,000 18,750,000
44Servicing Fee Rate 2.00% 2.00% 2.00% 2.00%
45Servicing Fee 08/01/00 08/31/00 2,083,333 1,989,583 62,500 31,250
46Servicing Fee Waived 09/15/00 - - - -
47Remaining Servicing Fee 09/15/00 2,083,333 1,989,583 62,500 31,250
Excess Servicing
48Nonprincipal Collections 08/01/00 08/31/00 34,788,422
49Servicer Advance Less
Reimbursement of Servicer Ad08/01/00 08/31/00 1,954,139
50Floating Allocation
Percentage 30.56% 29.18% 0.92% 0.46%
51Investor Nonprincipal
Collections 08/01/00 08/31/00 10,630,611 10,152,234 318,918 159,459
52Investor portion of
Servicer Advance Less
Reimbursement 08/01/00 08/31/00 597,144 570,272 17,914 8,957
53Plus: Investment Proceeds 08/01/00 08/31/00 270,833
54Less:
55Monthly Interest 09/13/00 7,329,455 6,978,505 227,939 123,011
56Prior Monthly Interest 09/13/00 - - - -
57Additional Interest 09/13/00 - - - -
58Reserve Fund Deposit
Amount 09/13/00 - - - -
59Default Amount 08/01/00 08/31/00 167,658 160,114 5,030 2,515
60Charge-Offs 08/01/00 08/31/00 - - - -
61Monthly Servicing Fee 09/13/00 2,083,333 1,989,583 62,500 31,250
62Carry-over Amount 09/13/00 - - - -
63Carry-over Amount 09/13/00
Additional Interest 09/13/00 - - - -
64Additional Amounts 09/13/00 - - - -
65Yield Supplement Deposit
Amount 09/13/00 -
66Balance: Excess
Servicing 08/01/00 08/31/00 1,918,142
Collection Account
67Beginning Balance 08/31/00 -
68Deposits 09/13/00 8,197,432
69Disbursements 09/15/00 8,197,432
70Ending Balance 09/15/00 -
Interest Funding Account
71Beginning Balance 08/31/00 - - - -
72Deposits 09/13/00 7,329,455 6,978,505 227,939 123,011
73Disbursements 09/15/00 7,329,455 6,978,505 227,939 123,011
74Ending Balance 09/15/00 - - - -
Principal Funding Account
75Beginning Balance 08/31/00 - - - -
76Controlled Deposit Amount 09/13/00 - - - -
77Disbursements 09/15/00 - - - -
78Ending Balance 09/15/00 - - - -
Yield Supplement Account
79Required Amount 08/31/00 6,250,000
80Beginning balance 08/31/00 6,250,000
81Deposit 09/13/00 -
82Withdrawal 09/15/00 -
83Ending balance 09/15/00 6,250,000
Interest Rate Next Period
84One-month LIBOR 08/15/00 09/15/00 0.662125
85Net Receivables Rate 08/31/00 8.4873%
</TABLE>
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